Spreading the truth. Empowering the people.
via mises: According to new data from the US Bureau of Economic Analysis, the personal saving rate in the US in September 2019 was 8.3 percent. That puts it near a … Read more
by Amy S. The Global Elite Secret Plans For The Next Financial Crisis I stated in this article that an “imminent disaster.US stock markets”, and that “people seem to have … Read more
by Per Bylund via Mises There is a lot of confusion about the concept of a “good” in economics. While thinking of goods as products (or services) is an easy shorthand, it … Read more
A group of Italian Economists estimated in 2013 that the size of the international shadow banking system was around $67 Trillion USD. They used the widely observed economic relationship that … Read more
From Birch Gold Group Many investors are alarmed by the latest GDP figures recently released by the U.S. government because the numbers show an economy that’s stagnating. Gross domestic product is considered the “official … Read more
This is a great presentation from the CATO institute about socialism and capitalism and differences between them. This video and the book it discusses should be required viewing/reading for all … Read more
Survey of economists by @WSJ, highest recession probability reading ever in history of survey pic.twitter.com/eEtwQlG98x — Win Smart, CFA (@WinfieldSmart) August 29, 2019 where is this second half rebound? pic.twitter.com/7pdT1MWS72 … Read more
by Amy S. The Economic Doomsday is here. The second financial bubble is going to soon burst, and there’s nothing anyone can do about it. The Federal Reserve has set up … Read more
The US economy appears poised to enter a recession within the next two years, a new survey out Monday found. More than 70% of economists surveyed by the National Association … Read more
via MSN: The likelihood of a U.S. recession in the next 12 months rose to 35% in an August survey of economists, from 31% forecast previously, as global trade tensions … Read more
via Zerohedge: Yesterday afternoon I was listening online to a UK radio host complaining about US President Donald Trump’s claim there were no protestors against him on his recent state … Read more
via ineteconomics: Economists should stop pretending to be scientists and go back to the core of the field—as a field of inquiry and way of thinking I think people in this … Read more
by Amy S. The Economic Doomsday is here. The second financial bubble is going to soon burst, and there’s nothing anyone can do about it. The Federal Reserve has set up … Read more
Bloomberg article tl;dr – Compared with hard economic data, [market-based models that predict recessions are] more forward-looking. But not only can markets get it wrong, they’re also prone to rapid … Read more
via Business Insider: German industry went into a sudden and unexpected collapse in November. The data is so bad some economists think it might be wrong. Nonetheless, they agree that Germany … Read more
via Marketwatch: If you’re using economic indicators to determine your allocation to the stock market, you will most certainly be well behind the curve An Elliottwavetrader member attended the … Read more